Settings8H · net · $10k
Funding arb · Price arb /

BNB

all BNB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 20:00 UTC−0.0212%/8hnext payment $0.27 per $10,000 · paid last 24h −0.079%
Price spread now: SoDEX against Hibachi−0.141%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHibachi: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and SoDEX is 0.141% cheaper against Hibachi than usual: you would sell low and buy high (−$14 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHibachi BNB/USDT-P799.930.0312pay 0.0039% / 1h5m 20s$70K$47K12x
ShortSoDEX BNB-USD798.800.0100get 0.0013% / 1h5m 20s$393K$1.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX against Hibachi. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$44.52
Price spread: −0.141% → 0.000%
−$14.09
Slippage, 4 orders
no order book: not counted
Fee Hibachi: 4.5 bp × 2 orders
−$9
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$75.61
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Hibachi: no order-book sample; SoDEX: live order book, 3 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Hibachi no order-book sample
Sell SoDEX live order book, 3 min ago0.63 bp4.6 bp −$58.9 bp −$8982.6 bp −$8,257doesn't fit
Hibachi: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

BNB on 46 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX BNB/USD [WBTC.b-USDC]L −0.0195% / S +0.0371%1h798.74−0.149%$48K200xas long as short
Hotstuff BNB-PERP−0.0080%1h799.53−0.050%$4K$1K25xas long as short
GRVT BNB_USDT_Perp0.0000%8h800.15+0.028%$3.0M$29.9M10xas long as short
StandX BNB-USD0.0000%1h799.32−0.076%$864K$3.1M30xas long as short
gTrade (Gains Network) BNB/USDL +0.0008% / S −0.0008%1h798.83−0.138%$9.7M150xas long as short
Injective BNB/USDC PERP+0.0033%1h800.33+0.050%$19K$513K30xas long as short
Coinbase International BNB-PERP-INTX+0.0056%1h800.07+0.018%$601K$900K50xas long as short
Variational Omni BNB+0.0070%8h799.25−0.085%$4.1M$5.5Mas long as short
BingX BNB-USDC+0.0078%8h799.30−0.078%$13.2Mas long as short
Aster BNBUSDT+0.0090%8h799.36−0.070%$6.3M$18.9M200xas long as short
Show all 46 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter BNB+0.0096%1h799.19−0.092%$2.8M$4.1M20xas long as short
MEXC BNB_USDT+0.0097%8h799.90−0.003%$83.9M$15.2M200xas long as short
Binance BNBUSDT+0.0097%8h799.28−0.081%$516.0M$802.4M75xas long as short
Nado BNB-PERP+0.0100%1h798.45−0.185%$1.4M$2.8M20xas long as short
Pacifica BNB+0.0100%1h799.06−0.108%$1.2M$916K20xas long as short
Bybit BNBUSDT+0.0100%8h798.40−0.191%$138.1M$86.7M75xas long as short
OKX BNB-USDT-SWAP+0.0100%8h798.50−0.178%$54.9M$116.2M50xas long as short
Arcus BNB-USD+0.0100%1h799.00−0.116%$53K$221K10xas long as short
Gate BNB_USDT+0.0100%8h798.40−0.191%$35.7M$59.7M75xas long as short
KuCoin BNBUSDTM+0.0100%8h798.78−0.143%$28.0M$10.5M75xas long as short
Bitget BNBUSDT+0.0100%8h798.38−0.193%$78.3M$24.5M75xas long as short
edgeX BNBUSDC+0.0100%4h800.11+0.022%$4.2M$76.0M30xas long as short
ApeX Omni BNBUSDT+0.0100%1h800.15+0.028%$158K$439K50xas long as short
Polymarket Perps BNB-USD+0.0100%1h798.85−0.135%$120K$881K10xas long as short
Orderly PERP_BNB_USDC+0.0100%8h798.71−0.152%$386K$627K50xas long as short
Derive BNB-PERP+0.0100%1h798.84−0.136%$32K$5K10xas long as short
SunX BNB-USDT+0.0100%8h799.86−0.009%$13K$1.7M50xas long as short
SoDEX BNB-USDshort+0.0100%1h798.80−0.141%$393K$1.0M10x
Deribit BNB_USDC-PERPETUAL+0.0100%1h799.15−0.097%$1.6M$159K25xas long as short
HTX BNB-USDT+0.0100%8h799.19−0.092%$8.2M$7.0M75xas long as short
Bulk BNB-USD+0.0100%1h799.930.000%$649K$3K10xas long as short
Paradex BNB-USD-PERP+0.0100%8h799.54−0.048%$78K$19K50xas long as short
Kalshi KXBNBPERP+0.0101%8h799.90−0.003%$107K$2.7M4.8xas long as short
Extended BNB-USD+0.0104%1h798.35−0.197%$1.9M$6.4M50xas long as short
Aevo BNB-PERP+0.0104%1h798.78−0.144%$384K$40K10xas long as short
Phemex BNBUSDT+0.0112%8h799.69−0.030%$69.9M$51.7M50xas long as short
Phoenix BNB+0.0151%1h799.57−0.045%$172K$28K10xas long as short
RISEx BNB/USDC+0.0165%1h799.10−0.103%$1.1M$1.5M20xas long as short
Kraken Futures PF_BNBUSD+0.0185%1h798.86−0.133%$2.5M$914K50xas long as short
BloFin BNB-USDT+0.0218%8h800.22+0.037%$18.9M$3.0M75xas long as short
Hyperliquid BNB+0.0222%1h799.38−0.068%$51.3M$21.4M10xas long as short
01 Exchange BNBUSD+0.0280%1h799.76−0.021%$28K$1K10xas long as short
Hibachi BNB/USDT-Plong+0.0312%1h799.93long leg$70K$47K12x
Reya BNBRUSDPERP+0.0335%1h798.47−0.182%$9K40xas long as short
dYdX BNB-USD+0.0365%1h799.53−0.049%$169K$55K10xas long as short
Backpack BNB_USDC_PERP+0.0689%1h800.18+0.032%$3.0M$5.3M40xas long as short